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- Fitch: Falling Eurozone inflation puts ECB rates peak within sight
Fitch: Falling Eurozone inflation puts ECB rates peak within sight
Fitch Ratings said in its latest report, “falling Eurozone inflation puts ECB rates peak within sight.”
Additional takeaways
“Expect inflation in the Eurozone will fall to around 4.0% by year-end.”
“ECB will probably not need to raise its near-term inflation forecasts further in September.”
Market reaction
EUR/USD remains unfazed by the above report findings, keeping its range at around 1.0950 ahead of the US Nonfarm Payrolls data release.
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